Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 385.97 to 289.5 . . 400.31 (114.86%)
Intermediate 363.42 to 384.16 377.56 (31.82%) . .
Short 384.16 to 377.56 . . 400.31 (344.70%)